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Poor Bill Gates Sad He's So Rich


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Bill Gates Wishes He Weren't So Rich

The corporate leader says he doesn't like the attention of being the world's richest man.

May 4, 2006: 3:40 PM EDT

REDMOND, Wash. (Reuters) - Microsoft Corp. Chairman Bill Gates said Wednesday he wished he were not the world's richest man.

"I wish I wasn't. There is nothing good that comes out of that," said Gates, whose personal fortune sank by billions since last week when the software giant disappointed investors by saying new investments would crimp earnings.

The corporate leader who made Microsoft into the world's largest software maker - and who is also one of the biggest philanthropists - is seen as a man who does not like publicity. He explained that he did not like the attention of being the world's richest person.

"You get more visibility as a result of it," he said during an interview conducted by CNBC reporter Donny Deutsch in front of a crowd of people attending a Microsoft advertising event.

The Microsoft co-founder said that the person he learned most from in the world, aside from technology colleagues, was fellow-billionaire and legendary investor Warren Buffett.

"He has this very refreshing, simple way of looking at things so I put him top of the list," said Gates, adding that the top lesson from Buffett was the importance of integrity.

Still, Gates joked about his plight being unequaled in wealth. Asked if he surrounded himself with financial peers, he quipped, "No, I sit alone."

Gates has been the richest man in the world for eight years running - since 1998 - and was worth $90 billion at his fortune's peak in 1999, according to the Forbes list of richest people. His fortune is currently at $50 billion, according to the magazine.

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If I ever won the lottery BIG, I'd try to keep it a secret. Might buy a new car, but it'd be something like a Prius. Sure wouldn't move into a bigger house. (But I sure would buy a shitload of OOP music off eBay. :g )

I'd imagine that among those that are REALLY rich, the ones who hide it best are the happiest. :)

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Being that rich is easier to undo than to accomplish.

Thus the "pressure" of being rich. There is an overwhelming responsibility to "manage" the money. It's like being chained to an iron ball, I bet. It seems that rich people are seldom happy.

Yeah, my heart bleeds. Rich people love to make the rest of think their riches make them miserable. Don't you believe it. Most of them are having a grand old time. They love to manage money, they love to spend money, and the famous ones, by and large, love the attention.

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Well, I can understand the not wanting the attention part. Especially if you built a company that you thought you could just hide behind.

Not that I feel bad for him at all, but at least he's turned into one of the better rich guys around. You don't see the Wal-Mart owners giving away their billions the way that Bill does.

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Being that rich is easier to undo than to accomplish.

Thus the "pressure" of being rich. There is an overwhelming responsibility to "manage" the money. It's like being chained to an iron ball, I bet. It seems that rich people are seldom happy.

You don't own things...things own you. Some of my best friends are rich. Most are also heavily medicated.

Anybody read the book, Remains of The Day?

Sometimes the money itself becomes the master.

g

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